Manager, Accounting

Posted 3 Hours Ago
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El Segundo, CA, USA
In-Office
138K-151K Annually
Senior level
Healthtech • Biotech
The Role
Manages general accounting activities, monthly and quarterly close processes, journal entries, reconciliations, intercompany accounting, variance analysis, audits, and internal controls. Leads and develops the accounting team, supports financial disclosures, ensures GAAP compliance, and improves accounting processes using FloQast, Workiva, and Microsoft D365.
Summary Generated by Built In

Company Overview
ImmunityBio is a vertically integrated commercial stage biotechnology company developing next-generation therapies that bolster the natural immune system to defeat cancers and infectious diseases. The Company’s range of immunotherapy and cell therapy platforms, alone and together, act to drive and sustain an immune response with the goal of creating durable and safe protection against disease. Designated an FDA Breakthrough Therapy, ANKTIVA is the first FDA-approved immunotherapy for non-muscle invasive bladder cancer CIS that activates NK cells, T cells, and memory T cells for a long-duration response. The Company is applying its science and platforms to treating cancers, including the development of potential cancer vaccines, as well as developing immunotherapies and cell therapies that we believe sharply reduce or eliminate the need for standard high-dose chemotherapy. These platforms and their associated product candidates are designed to be more effective, accessible, and easily administered than current standards of care in oncology and infectious diseases.
Why ImmunityBio?

• ImmunityBio is developing cutting-edge technology with the goal to transform the lives of patients with cancer and develop next-generation therapies and vaccines that complement, harness and amplify the immune system to defeat cancers and infectious diseases.

• Opportunity to join a publicly traded biopharmaceutical company with headquarters in Southern California.

• Work with a collaborative team with the ability to work across different areas of the company.

• Ability to join a growing company with professional development opportunities.


Position Summary

The Manager, Accounting will support the Assistant Controller in the general accounting daily/monthly/quarterly close tasks. This position will manage accountants as well as processes relating   but not limited to general accounting accruals, cash, intercompany,  related party, and prepaids, as well as foreign exchange accounting.


Essential Functions

  • Review of monthly/quarterly journal entries and reconciliations. Ranging from leases, accounts payable and receivables, accruals, prepaid expenses, bank reconciliations, fixed assets, intercompany and other areas as assigned
  • Manage the day-to-day activities of the team to include the hiring and training of new team members, coaching employees and monitoring performance
  • Perform and review balance sheet and income statement variance analysis
  • Prepare quarter end footnote disclose support
  • Collaborate with cross-functional teams to ensure accurate financial results for all department expenses
  • Manage the monthly close processes in FloQast (both checklists and reconciliation updates) and Workiva (maintenance for monthly variance analysis review)
  • Oversee intercompany Accounting including intercompany transactions, transfer pricing, and settlement balances. Support enhancements to financial processes related to expenditures/ prepayments and EXUS, aiming for increased efficiency and scalability
  • Manage the internal and external audit requests
  • Support internal controls to safeguard the company's assets and prevent fraud
  • Support enhancements to financial processes aiming for increased efficiency and scalability.
  • Remain current with GAAP standards and assist in the assessment and implementation of significant new accounting guidance and policies across the organization
  • Perform ad-hoc and cross-functional duties and/or projects, as assigned, to support business needs and provide developmental opportunities.


Education & Experience

  • Bachelor's degree in accounting required.
  • 6+ years of progressive, professional experience in finance roles required.
  • Deep experience with GL journal entries and reconciliations required.
  • Experience in foreign currency revaluation/translation preferred.
  • Certified Public Accountant, or equivalent professional certification is preferred
  • Experience with a life sciences company preferred.
  • Experience leading a small team is a plus.
  • Public companies experience is a plus.

Knowledge, Skills, & Abilities

  • Comprehensive knowledge of US GAAP, financial regulations, and accounting best practices
  • Strong computer skills, including Microsoft Office (Word, Excel, ADOBE) and accounting software packages (Microsoft D365)
  • Strong analytical skills with excellent attention to detail; able to identify and justify fluctuations
  • Innovative thinking skills with a proactive approach to problem-solving and process improvement
  • Strong organizational abilities and adept at managing multiple priorities and tasks simultaneously
  • Systems knowledge of Microsoft Dynamics D365 or other ERP system is preferred
  • Excellent interpersonal, written, and verbal communication skills
  • undefined

Working Environment / Physical Environment

  • This position works in El Segundo, CA.
  • Regular work schedule is Monday – Friday, within standard business hours.  Flexibility is available with manager approval.
  • Must possess mobility to work in a standard office setting and to use standard office equipment, including a computer.

This position is eligible for a discretionary bonus and equity award. The annual base pay range for this position is below. The specific rate will depend on the successful candidate’s qualifications, prior experience as well as geographic location.

 

$138,000 (entry-level qualifications) to $151,000 (highly experienced) annually

 

The application window is anticipated to close on 60 days from when it is posted or sooner if the position is filled or closed.

ImmunityBio uses artificial intelligence (AI) tools to assist with sourcing and identifying potential candidates for open positions. These tools help us reach qualified applicants and improve the efficiency of our recruitment outreach. No preference is given to applicants sourced or identified by AI tools.


Important: AI is not used to screen, evaluate, rank, assess, or make hiring decisions about applicants. All applications are reviewed by human recruiters and hiring managers. Hiring decisions are made solely by ImmunityBio personnel without automated decision-making.


We are committed to equal employment opportunity and ensure that all candidates are assessed based on their qualifications, skills, and experience through human review.


ImmunityBio employees are as valuable as the people we serve. We have built a resource of robust benefit offerings to best support the total wellbeing of our team members and their families. Our competitive total rewards benefits package, for eligible employees, include: Medical, Dental and Vision Plan Options • Health and Financial Wellness Programs • Employer Assistance Program (EAP) • Company Paid and Voluntary Life/AD&D, Short-Term and Long-Term Disability • Healthcare and Dependent Care Flexible Spending Accounts • 401(k) Retirement Plan with Company Match • 529 Education Savings Program • Voluntary Legal Services, Identity Theft Protection, Pet Insurance and Employee Discounts, Rewards and Perks • Paid Time Off (PTO) includes: 11 Holidays • Exempt Employees are eligible for Unlimited PTO • Non-Exempt Employees are eligible for 10 Vacation Days, 56 Hours of Health Pay, 2 Personal Days and 1 Cultural Day •  We are committed to providing you with the tools and resources you need to optimize your Health and Wellness.


At ImmunityBio, we are an equal opportunity employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law.

Skills Required

  • Bachelor's degree in accounting
  • 6+ years of progressive professional experience in finance roles
  • Deep experience with general ledger journal entries and reconciliations
  • Experience in foreign currency revaluation and translation
  • Certified Public Accountant or equivalent professional certification
  • Experience with a life sciences company
  • Experience leading a small team
  • Experience with public companies
  • Comprehensive knowledge of US GAAP, financial regulations, and accounting best practices
  • Strong computer skills, including Microsoft Office, Adobe, and accounting software packages
  • Systems knowledge of Microsoft Dynamics D365 or another ERP system
  • Strong analytical, organizational, communication, and problem-solving skills
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The Company
HQ: El Segundo, CA
547 Employees

What We Do

ImmunityBio, Inc. (formerly NantKwest, Inc.) is developing cell and immunotherapy products that are designed to help strengthen each patient’s natural immune system, potentially enabling it to outsmart the disease and eliminate cancerous or infected cells. The activation of the innate immune system is key to the development of immunological memory. Over the last two decades, our founder and Executive Chairman Dr. Patrick Soon-Shiong has investigated mechanisms to activate the immune system to attack tumors that can otherwise evade and escape the body’s defense mechanisms. After inventing the world’s first protein nanoparticle drug, Abraxane, Dr. Soon-Shiong turned his focus to the next generation of immunotherapies. ImmunityBio was founded in 2014 to create innovative immunotherapies that address serious unmet needs in oncology and infectious diseases. "At ImmunityBio, we envision a day when we no longer fear cancer but are able to conquer it, thanks to the biological wonder that is the human immune system. Our scientists are working to develop remarkable new therapies that harness that inherent power by amplifying both branches of the immune system, attacking cancerous or infected cells today while building immunological memory for tomorrow. The goal: to reprogram the patient’s immune system and treat the host rather than just the disease." -Dr. Patrick Soon-Shiong, Executive Chairman

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